Personal Banking Solutions
Reward Checking | Totally Free Checking | Grand Checking |
Senior Grand Checking | Personal Savings | Money Market Account | Certificate of Deposits | IRA's
Reward Checking
Minimum opening deposit: $200.00
Minimum monthly balance required: None
Monthly service charge: None
Unlimited check writing privileges
Earn a premium rate on balances up to $25,000.99
Free Debit Card - no ATM surcharge on withdrawals of $100.00+
Free Internet Banking
Online Bill Pay - no charge up to 15 transactions per statement cycle. Additional bill payments will be $ .50 each
Free eStatements
First order of Reward checks are free
Totally Free Checking
Grand Checking
- Minimum opening deposit: $200.00
- Monthly service charge: $15.00 unless you maintain an average balance of $2,500.00 in checking or savings or $10,000.00 in a combination of accounts linked to your personal account
- Unlimited check writing privileges
- Interest bearing account
- Imaged checks with monthly bank statement
- Free ATM/Debit Card - no ATM surcharge on withdrawals of $100.00+
- Free Internet Banking
- Bill Pay is available for $5.95 per month
- Free eStatements
- No charge for Travel Cards or Cashier's Check
Senior Grand Checking
- Minimum opening deposit: $200.00
- Monthly minimum balance required: $300 average daily balance
- Monthly service charge: $5.00 unless you maintain an average daily balance of $300.00
- Unlimited check writing privileges
- Interest bearing account
- Imaged checks with monthly bank statement
- Free ATM/Debit Card - no ATM surcharge on withdrawals of $100.00+
- Free Internet Banking
- Bill Pay is available for $5.95 per month
- Free eStatements
- No charge for Travel Cards or Cashier's Check
- For clients 50 years of age+
Personal Savings
- Minimum opening deposit: $200.00
- Quarterly minimum balance required: $200.00 average daily balance
- Quarterly service charge: $7.50 if balance falls below required minimum
- Interest bearing account
- Free ATM card
- Free Internet Banking
- Free eStatements
- Transaction limitations per statement period: Six (6) free withdrawals per quarter
- Excess transaction fee: $5.00 for each withdrawal in excess of six (6)
Money Market Account
Minimum opening deposit: $200.00
Monthly minimum balance required: $1,000.00
Monthly service charge: $15.00 if balance falls below required minimum
Interest bearing account with tiered interest rates
Transaction limitations per statement period: Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, computer, check, draft or similar order to third parties are limited to six per statement cycle.
- Excess transaction fee: $5.00 for each withdrawal in excess of six (6)
- Free eStatements
Certificate of Deposit
Certificate of Deposit (CD) is a type of savings certificate. GrandSouth Bank offers time deposits with maturities from 7 days to 5 years. Contact a Personal Banker at any of our branch locations to inquire about today's current rates.
Individual Retirement Accounts (IRAs)
Individual Retirement Accounts (IRAs) are intended to provide you with long-term tax-advantaged savings for your retirement. GrandSouth Bank offers Traditional and Roth IRA's with maturities from 3 months to 5 years. Contact a Personal Banker at any of our branch locations to inquire about today's current rates.
FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
To calculate your deposit insurance coverage - Use the FDIC's Electronic Deposit Insurance Estimator (EDIE) at: www.fdic.gov/edie.
Please refer to our Account Disclosure for more detailed information.
May 18, 2013 
